Suppose you are considering buying a $2,000,000 face value worth of a bond in the secondary market. (when the bond matures, the issuer will owe you $2,000,000) The bond was issued in 2016 and is due in 2036. It is now 2021. In 2016, the appropriate market interest rate to price the bond was 7%. This bond pays quarterly interest payments. Currently, other bonds with similar risk charateristics are being issued into the market with 11% coupons. How much would you be willing to pay for this bond?